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Nigel G Wilcox
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Aircraft And Military Development & Applications
Military Nation Spending Listing 2019
Countries Spending The Most on their Military Spending
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10. Korea, Republic
- Military expenditure (2017): $39.2 billion
- Military expenditure as a % of general government expenditure (2017): 12.1% (#16 among countries)
- Military expenditure per capita (2017): $761 (#13 among countries)
Tensions between South Korea and its northern neighbor shaped much of the Republic's defense policy—and budget since the Korean Peninsula was divided at the end of the Korean War. A significant portion of the budget proposed in 2018 has been earmarked for efforts to increase cooperation between the two countries. President Moon Jae-in and North Korea's Kim Jong Un signed the Panmunjom Declaration after a summit in April last year and committed to halt in hostilities and denuclearization, though that goal remains elusive.
33. Sweden

- Military expenditure (2017): $5.6 billion
- Military expenditure as a % of general government expenditure (2017): 2.2% (#123 among countries)
- Military expenditure per capita (2017): $552 (#18 among countries)
Sweden's location in the Baltic region gives it a growing importance in the changing politics on the European continent, with Russia looming large over the conversation. The 2018 elections saw huge gains for parties advocating for increased defense spending to improve cybersecurity and reverse years of decline in the military's budget.